D1 - The price has created a double wave to the upside, bearish divergence.
H4 - The price which is moving lower has created a bearish trend pattern.
Currently, it looks like a pullback is happening, expecting further continuation lower after pullbacks.
H4 - The price which is moving lower has created a bearish trend pattern.
Currently, it looks like a pullback is happening, expecting further continuation lower after pullbacks.
Note
The price moved lower exactly as I expected it to and provided a fantastic move to the downside!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.